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RM5,000 after 50 years: but what about the interest?

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Malaysia’s past sports champions are finally receiving long-delayed cash prizes — but questions over inflation, accountability and fairness linger.

frankie dcruz

In 1972, M Mahendran was hailed as Malaysia’s sportsman of the year. He was promised RM5,000, a princely sum at the time, enough to buy a modest house. Yet for half a century, he never saw a cent.

Last week, the Malaysian Hockey Confederation quietly settled the debt. Days earlier, cyclist Ng Joo Ngan, the 1970 sportsman of the year, was told he would finally receive his RM5,000 too.

Tags:accountabilityaccumulated interestAmateurismCompound InterestdignityfairnessinflationNational Sports Awards


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